Saturday 7 May 2016

H4 is still the key - forex news trading room

H4 is still the key ~ forex news trading room



Price has broken out of its indecision area. About 12 hours on the rise after the star (+) on H4. The bull candle open at 1.55746 and rose to 1.56792 so far (about 105 pips). The next hurdle for the reversal is at 1.57087, if that is taken, 1.57988 could be on the horizon. However, being a Friday, it could be a slow movement. All the the facts are in H4.
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